Southwest Gas Q2 Results Top Estimates

(RTTNews) - Southwest Gas Holdings, Inc. (SWX) reported Wednesday net income for the second quarter of $28.88 million or $0.40 per share, compared to a net loss of $6.58 million or $0.10 per share in the prior-year quarter. Excluding items, adjusted earnings per share were $0.47 per share, compared to $0.23 per share last year.

Consolidated operating revenues for the quarter grew to $1.29 billion from $1.15 billion in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $0.20 per share on revenues of $1.12 billion for the quarter. Analysts' estimates typically exclude special items.

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